No offense, but why do you think Q! 2014 earnings will impact the future prospects
that is the NADL stock price trend.......even if Brent goes to $ 80 and Q4 2014
earnings are what everyone expects.....how does this stock overcome the mess
in Russia that stands in the way of a Rosneft project in the Kara .......?
Have you noted other AMNF products at your local Cost Plus retail outlet ...?
Or just the one 3 cheese shaker item, like in Michigan.....?
Pedro & Sun & JohnnyBoy
With Brent spot around $ 60 ........Brent is not that far under
where Beckett stated yesterday major off-shore plays could
What they said their clients need is Brent price stability for
their ability to plan.
Could Brent go back up to $ 75 by summer..who really knows..?
Will Brent get to $ 75 in an orderly fashion seems like the more
important question to the IOC & major independent E&P budget
planners.......and ultimately PACD shareholders.
Thanks for your counter point perspective .........
Only thing I would say in quick response is... that I am focused on the firm's
balance sheet & IS a lot more than I now worry about the PACD stock price ......
Thanks again your your post here......
If Beckett was offered the job I would think he would also negotiate his strategic plan with
Icahn & Co .......a better off-shore drilling market would solve a lot of problems for PACD
or RIG as far as Beckett is concerned.....
CFO Reese said that PACD paid off its unsecured notes and now has debt aggregate interest rate
below 5 % .....not bad for a firm that will need to "huncker down" until at least the next new
contract is found.
Hope PACD is successful in re-negotiating with the banks its revolver covenants for the supplemental
monies that were to be released for "strong" contracts, as strong contracts are not to be found by
any off-shore driller at this time......I hope the banks can see that PACD will be a winner once the
E&P budgets thaw out in 2016-2017
Killing the dividend for 2015 makes sense ........maybe rethinking the stock buyback program
in 2015 does too .......PACD stock price is not going higher soon, so why spend the treasury capital
to buyback stock AKA "dead money" for the next 12 to 18 months....the extra $ 13.7 million in
cash could be used to partially fund debt exp or SG & A exp in 2015-16.
IMO, the CEO, the BOD & all shareholders should support cutting all "fringe" cash outlays and
focus totally on keeping the best drill-ships fleet in the business in tip top condition.
All else can wait.
For the rest of 2015, the important PACD news will come from the CFO and the bankers........
PE deal will not buy "big bucks" to AMNF shareholders.
Private food brand firm would want value as well.
AMNF just needs to concentrate on exploiting their own
business opportunities in the NW United States....
BTW the anming of a new, young CEO would spike the
AMNF price for sure, IMO.
Looks like a negative BA report is hurting BEAV today....short term noise that is not a long
Wait for a few quarterly releases and then BEAV will work higher in a strong & consistent manner.
BEAV now has a new CEO & CFO ......market needs to get comfortable with these new mgers.
These 2 new guys plus the new BOD make-up will do well for investors ....be patient.
How ironic this morning to read about Koury "providing"
ex-d & payable dates for the first dividend to BEAV
shareholders.....2 months after the spin-off, Koury gets
religion and a dividend is given.
All BEAV investors can thank those "terrible activists" for
this new stream of investment cash returns ......
Russia has a big army and not much else........if the EU
agrees to "buy" Russia for its crude oil assets I am not
so sure the EU could afford to pay for the reconstruction
of the "dark wasteland" that now is most of Russia.........
Putin wants the Baltic nations and he wants to be friends
with the rest of Europe........that's not possible.
Putin is not funding ISIS.....he is too distracted.
Iran, China maybe. Islamic extremists are hated by
Putin as well......
Putin's biggest fear is that he can't keep the Oligarchs happy
and on his side, by not taking actions against his economic
policies......where the US sanctions are really directed..??
Anybody here think that the added fighting in the Ukraine tells the market that there is now
less chance than last week that USA sanctions are lifted on Rosneft .........??
No, let's instead blame the "manipulators" for things you don't understand...
I never said that crashing oil prices or the crude market in any direction had
anything to do with Relational and others forcing Koury to stop plundering the aero-interiors unit .......my reasons were purely financial.
If you recall, we didn't know exactly what Relational/Koury would release as
their proposal for a new configuration for BEAV.......that added uncertainty
during the summer of 2014 could very well explain why a still evolving BEAV
lagged the market.........
Still not long BEAV (no skin) as you say......but I still watching closely the
financial and news events as well as the tape .....
.......Remember it will be "the boys like me" who will come into BEAV when
you are again complaining about its negative short term price action....!
As I am sure you already know the "Rule of 72" states that
if AMNF could increase its organic corporate growth rate
from mid teens to 20 % annually........then AMNF could
double its revenues in 2.7 years......
AMNF should recruit a new CEO to take over after Mr Pera
steps down and then aggressively build/add to its existing brands and distribution for approx 5 to 10 years ......then
sell, for maybe $ 150 million
BTW, watch BEAV ....GS just downgraded BA...will the BA
vendors get hit too.....? if yes, I'm ready to buy..!
See ya later .........
Good post ......
BG Foods has stated clearly it is an acquirer of shelf stable
grocery and packaged snack brands, only.
BGS is not interested in the added logistics and distribution
entry and costs that buying regional refrigerated food brands would entail....as compared to their core orphan brand strategy,
margins would be "much less" to sell refrigerated food brands.
BGS likes large grocery chains and Warehouse Clubs.
Who else might be a buyer of AMNF ......at its current size..?
I don't know. Possibly another regional food brand firm in
Southern Cali or in Denver or Texas ....as a geographic
business extension move....? But these would be smaller
firms, again. Firms under $ 125 million annual EBITDA.
These firms won't buy high multiples for AMNF........
Possibly there is a large specialty food brand firm "out
west" .......I am sure from the quality of the posts here
at the AMNF message board, other investors here might
have ideas regarding larger potential buyers .......
thanks for your reply ....
The EBITDA multiples paid for other food brands by both
large and small food brand firms in the recent past......
Larger brands attract larger buyers with deeper pockets.
Thus more competition for brands over $ 100 million in
Small brands on the other hand will not attract large firms
because small firms will not "move the needle." So only
relatively smaller firms will submit bids at lower multiples.
Are you saying that this "3 cheese" shaker won't be back..........discontinued permanently..?
Then what does AMNF's lone nationwide retailer carry....?
Nothing or a new shelf stable product.?
You might know better than me which AMNF shelf stable product goes into nationwide
distribution with Cost Plus
At any rate, dumping stock due to age should tell mgmt that this might not be an area
for AMNF to participate in.........no margins, no mission.
My point is that AMNF is selling into another market with
an additional level of complexity or uncertainty ......
Yen is weaker for the last 18 months, so the Japanese end
customer finds their products approx 45 % more expensive
than in early 2013 ........this at least markedly blunts the
the "growth" that you claim.......
AMNF needs to simplify its target markets .....
Unforseen to whom....? You, maybe yes
The really significant long term benefits were clearly noted and a the
fundamental rationale for activists forcing Koury off of the status quo.
Time is money.....the spin-off was complete in 7 months...!!
I strongly doubt Rational made a lucky call.....!
Koury prior deeds made him an easy prey for the smart money activists......
After 2 months of the"bloodless decision of the market" (Jeff Gundlach, there)
....the "aero-only BEAV" is far & away the best portion of the "old BEAV" mess
that Koury was allowed to cook up over the past several years....!
Who really cares about KLXI...regardless of the price/excuse of crude......?
Being mad at me won't reverse any of Koury's weak CEO moves at the "old BEAV"
I would think you would see this by now & would not still be thinking so short term....
but do as you please.....its a free country.